Property profile

7 Main Ave Lake Placid, FL 33852

OFF-MARKET
Retail space
Property ID
US18-4867867
720 SF 0.14 ac lot Built 1997
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction CONCRETE BLOCKS
Total area 720 SF
Lot 0.14 ac (6,000 SF)
Zoning code C2
APN P-36-36-29-130-0020-0020
UPID US18-4867867

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Kitchen & Bath Showroom
  • Clothing & Fashion Store
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Resort

Location

7 Main Ave Lake Placid, FL 33852-2603
Lake Placid metro Census 961604 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2018
$250,000
2015
$235,000

Zoning & alternative use

C2 · Lake Placid, FL
Zoning description

The purpose of the C-2 Limited Commercial District is to provide areas for development of uses of land for all legal retail product sales and services normally located in a central business area.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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